( June 6, 2024, 22:52 GMT | Official Statement) -- MLex Summary: A California man, Chris Vrame, has been sentenced to 364 days in jail, two years felony probation, and was ordered to pay $30,000 in restitution fines, said California Attorney General Rob Bonta, whose team prosecuted Vrame. From 2013 through 2017, Vrame embezzled about $3.6 million in investor money from a real estate venture named KV Sierra Vista, and an additional $731,000 from nonprofit Conservancy to Protect the Land, Bonta said.Text of attorney general statement follows in full:...
Prepare for tomorrow’s regulatory change, today
MLex identifies risk to business wherever it emerges, with specialist reporters across the globe providing exclusive news and deep-dive analysis on the proposals, probes, enforcement actions and rulings that matter to your organization and clients, now and in the longer term.
Know what others in the room don’t, with features including:
- Daily newsletters for Antitrust, M&A, Trade, Data Privacy & Security, Technology, AI and more
- Custom alerts on specific filters including geographies, industries, topics and companies to suit your practice needs
- Predictive analysis from expert journalists across North America, the UK and Europe, Latin America and Asia-Pacific
- Curated case files bringing together news, analysis and source documents in a single timeline
Experience MLex today with a 14-day free trial.